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You’ll be charged 17¢ for the call, and Lee will receive about 70% of the proceeds.
In a month, he’s made over 0, mostly from telemarketers. Beaumont originally registered for the premium number because he was tired of sales calls interrupting his favorite TV shows.
Most services can handle up to 99 simultaneous calls at a time.
Most of the services surveyed by Trans Nexus don’t even charge any set up or monthly fee for the premium number.
The premium rate service will then send the fraudster’s payment through a bank wire transfer on a daily, weekly, or monthly basis.
Simply setting up a premium rate number does not necessarily lead to fraudulent activity.
Now, a whole eco-system has evolved that makes traffic pumping fraud to premium rate numbers an easy endeavor for anyone.”Fraudsters today can hack into a phone network, use stolen equipment, or simply use deceptive practices to generate traffic to premium rate numbers.
In fact, many reputable charities make use of premium rate numbers or premium rate SMS text messages to raise money.After a recent problem with his online shopping, he declined to call a customer service number but posted his number on Twitter, hoping the number would be picked up by marketing companies.Lee Beaumont is just one of many people who have learned to exploit the premium rate number system.Beaumont said it was very easy to set up the premium rate number: he found a company online and paid a one-off £10 plus VAT, with no other fees or charges.Changed his home phone to a premium rate number Now Beaumont is actively looking for ways to increase calls to his number. “I look for ways to get companies to call me.”When he opens a new bank account, switches energy supplier and so on, and the company asks for his home number, he gives them the premium rate number.
A fraudster who can hack into an enterprise PBX to make phone calls would have a call flow that more closely resembles this: It is important to note that in the fraudulent scenario, the enterprise will rarely pay for the fraudulent calls placed using its hacked PBX.